Global Oil & Gas: Total’s profit jumps as LNG sales edge down
French energy giant and LNG player Total saw its 2018 adjusted net profit climb 28 percent during the year 2018. Advertisements
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Africa Oil & Gas: “Angola’s Sonangol close to major asset sales” – reports
Sonangol, the national oil company of Angola, is close to sales of assets that should earn it billions of dollars and enable it to reduce its heavy debts and invest more in the oil sector, the engine of Angola’s economy.
Read MoreGlobal Oil & Gas: Eni’s profit, LNG sales rise
Italian energy giant Eni said Friday its third-quarter profit rose nearly fivefold year-on-year as oil and gas prices increased.
Read MoreMarkets: Japan’s LNG imports rise 7.8 pct in Sep
Japanese imports of liquefied natural gas (LNG) rose 7.8 percent in September when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance on Thursday.
Read MoreGlobal Oil & Gas: Shell’s profit, LNG sales rise
The Hague-based LNG giant Shell reported an increase in profit for the second quarter and the first half of the year as Integrated Gas and Upstream businesses’ contributions rise.
Read MoreAfrica Mining: Zimbabwe resumes diamond sales, expects to auction 1.56 million carats
Zimbabwe’s Minister of Mines, Winston Chitando, held a press conference this week to announce that, following its one-year break, the country has resumed diamond auctions and expects to sell 1.558 million carats of diamonds over the next two months.
Read MoreGlobal Markets: Galp Energia profit boosted by higher LNG sales
Galp Energia said that its fourth quarter earning before taxes amounted to €399 million, up 5% quarter on quarter against a backdrop of falling oil prices.
Read MoreOil & Gas Markets: Angola is largest African oil supplier to the United States in the first half
Angola exported 131,000 barrels of oil per day to the United States in the first half of 2014, making it the largest sub-Saharan African supplier of oil products to the country ahead of Nigeria, according to official figures.
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